Wiselink Co (8932) Fair Value & Analysis
Consumer Cyclical · TW · Market cap 45.9B TWD
Fair value as of: Jul 16, 2026
From 26 valuation models · updated 24 days ago
Share price −18.0% over the past month.
A solid business, but screening 61% overvalued on our models.
What matters now
- A high-quality business (quality 74/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (71.67 TWD). The favourable scenario is already priced in.
- A fairly wide model range (28.30 TWD to 71.67 TWD) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range 16.95 TWD – 237.50 TWD · fair‑value band 28.30 TWD – 71.67 TWD · the 98.00 TWD price screens above the 37.95 TWD fair value. Dashed = 300-day average. As of Jul 16, 2026.
Analysis
Wiselink Co (8932) currently trades at 98.00 TWD, while our model-based Fair Value estimate is 37.95 TWD, implying the stock looks roughly 61.3% overvalued today. The Quality Score stands at 74/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, Wiselink Co generated revenue of 2.4B TWD at a net margin of 29.8%. Revenue grew 16.8% year over year. It earns a return on equity of 34.1%. Net debt stands at 232M TWD. Fundamentals as of Jul 16, 2026
Our scenario range runs from 28.30 TWD (bear case) to 71.67 TWD (bull case); at 98.00 TWD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 61% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -3% fair-value upside, at -61%, 8932 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (57.86 TWD) versus Dividend Discount (2.10 TWD). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 75 · Market factors (momentum, volatility) 24
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Wiselink Co., Ltd. manufactures and sells zippers under the MAX Zipper brand name worldwide. It offers invisible, coil, Delrin, and metal zippers and sliders; tape attachable and attach links, spring-lock, and plastic slider; and metal, plastic, cord, diamante, leather, and woven puller.
Full company description
Wiselink Co., Ltd. manufactures and sells zippers under the MAX Zipper brand name worldwide. It offers invisible, coil, Delrin, and metal zippers and sliders; tape attachable and attach links, spring-lock, and plastic slider; and metal, plastic, cord, diamante, leather, and woven puller. The company's products are used in garment, sporting goods, leather bags, luggage, automobile seats cover, and other processed goods. Wiselink Co., Ltd. was founded in 1978 and is headquartered in Taipei, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Wiselink Co reported revenue of 2.3B TWD in FY2025 versus 943M TWD in FY2021, a compound +24.6%/yr. Reported net income was 658M TWD in FY2025.
8932 screens 61% overvalued. Compare with H & M Hennes & Mauritz AB →
Peer Group
Apparel Manufacturing · 212 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Apparel Manufacturing median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| H & M Hennes & Mauritz AB HMB | kr 163.45 | kr 165.47 | +1% |
| Ralph Lauren Corporation RL | $374.08 | $224.21 | -40% |
| Moncler S.p.A MONC | €52.08 | €50.69 | -3% |
| Gildan Activewear Inc GIL | C$73.17 | C$32.85 | -55% |
| LPP SA LPP | 19,380 PLN | 17,754 PLN | -8% |
| Bosideng International Holdings 3998 | HK$4.88 | HK$5.92 | +21% |
| Youngor Fashion Co 600177 | ¥7.57 | ¥5.59 | -26% |
| Page Industries Limited PAGEIND | ₹39,900 | ₹12,395 | -69% |
| Hla Group 600398 | ¥6.05 | ¥9.92 | +64% |
| Eclat Textile Co 1476 | 333.50 TWD | 357.81 TWD | +7% |
Compare Wiselink Co with another stock
Price, fair value, quality and upside side by side.
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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